Watta Holding Berhad Management

Management criteria checks 4/4

Watta Holding Berhad's CEO is Foo Lee, appointed in Oct 1998, has a tenure of 26.08 years. directly owns 46.92% of the company’s shares, worth MYR22.39M. The average tenure of the management team and the board of directors is 9.6 years and 11.5 years respectively.

Key information

Foo Lee

Chief executive officer

RM 18.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	26.1yrs
CEO ownership	46.9%
Management average tenure	9.6yrs
Board average tenure	11.5yrs

Recent management updates

Recent updates

CEO

Foo Lee (59 yo)

26.1yrs

Tenure

RM 18,000

Compensation

Mr. Foo San Lee has been the Group Chief Executive Officer of Watta Holding Bhd since October 16, 1998. Mr. Lee is a self-made entrepreneur who has ventured into the business world since 1989. In 1996, he...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Foo Lee	Group Executive Deputy Chairman and CEO	26.1yrs	RM 18.00k	46.92% MYR 22.4m
Lian Teoh	Group Human Resource & Administration Director and Executive Director	no data	RM 18.00k	no data
Ariffin Bin Abdul Aziz	Group Executive Director	no data	RM 18.00k	no data
Sooi Loo	Executive Director	11.5yrs	RM 18.00k	1.21% MYR 579.6k
Clement Loo	Vice President of Finance	no data	no data	no data
Chong Yeoh	Company Secretary	no data	no data	no data
Fei Lim	Company Secretary	7.8yrs	no data	no data
Chak Liew	Company Secretary	6.7yrs	no data	no data

9.6yrs

Average Tenure

59yo

Average Age

Experienced Management: WATTA's management team is seasoned and experienced (9.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Foo Lee	Group Executive Deputy Chairman and CEO	26.5yrs	RM 18.00k	46.92% MYR 22.4m
Lian Teoh	Group Human Resource & Administration Director and Executive Director	26.5yrs	RM 18.00k	no data
Ariffin Bin Abdul Aziz	Group Executive Director	26.1yrs	RM 18.00k	no data
Sooi Loo	Executive Director	11.5yrs	RM 18.00k	1.21% MYR 579.6k
Ahmad Bin Khalid	Non-Independent Non-Executive Director	13.8yrs	RM 18.00k	no data
Choon Hong	Non-Independent Non-Executive Director	7.5yrs	RM 18.00k	no data
Sivananthan Shanmugam	Independent Non-Executive Chairman	1.3yrs	RM 16.00k	no data
Thih Goh	Independent Non-Executive Director	1.3yrs	RM 8.50k	0.00024% MYR 114.6
Hong Wong	Independent Non-Executive Director	less than a year	RM 3.50k	0.0038% MYR 1.8k

11.5yrs

Average Tenure

59yo

Average Age

Experienced Board: WATTA's board of directors are seasoned and experienced ( 11.5 years average tenure).

Watta Holding Berhad Management

Management criteria checks 4/4

Key information

Recent management updates

Watta Holding Berhad, Annual General Meeting, Jun 12, 2024

Watta Holding Berhad Appoints Wong Hong Wai as Independent and Non-Executive Member of the Remuneration Committee, Effective November 20, 2023

Watta Holding Berhad Announces Cessation of Mr. Lee Tak Wing as Independent and Non Executive Member of Remuneration Committee

High number of new directors

Watta Holding Berhad Appoints Mr. Goh Thih Liang as Independent and Non Executive Member of Audit Committee

Less than half of directors are independent

Recent updates

Second quarter 2024 earnings released: RM0.006 loss per share (vs RM0.008 loss in 2Q 2023)

New major risk - Market cap size

First quarter 2024 earnings released: RM0.007 loss per share (vs RM0.006 loss in 1Q 2023)

Watta Holding Berhad, Annual General Meeting, Jun 12, 2024

Full year 2023 earnings released: RM0.023 loss per share (vs RM0.01 loss in FY 2022)

Third quarter 2023 earnings released: RM0.008 loss per share (vs RM0.004 loss in 3Q 2022)

Watta Holding Berhad Appoints Wong Hong Wai as Independent and Non-Executive Member of the Remuneration Committee, Effective November 20, 2023

New major risk - Market cap size

Watta Holding Berhad Announces Cessation of Mr. Lee Tak Wing as Independent and Non Executive Member of Remuneration Committee

Second quarter 2023 earnings released: RM0.008 loss per share (vs RM0.004 loss in 2Q 2022)

High number of new directors

Watta Holding Berhad Appoints Mr. Goh Thih Liang as Independent and Non Executive Member of Audit Committee

New major risk - Market cap size

Less than half of directors are independent

Watta Holding Berhad Announces Resignation of Encik Ahmad Bin Darus, Independent and Non Executive Chairman

First quarter 2023 earnings released: RM0.006 loss per share (vs RM0.004 loss in 1Q 2022)

Insufficient new directors

Full year 2022 earnings released: RM0.01 loss per share (vs RM0.014 loss in FY 2021)

Insufficient new directors

Third quarter 2022 earnings released: RM0.004 loss per share (vs RM0.005 loss in 3Q 2021)

Insufficient new directors

Second quarter 2022 earnings released: RM0.004 loss per share (vs RM0.007 loss in 2Q 2021)

First quarter 2022 earnings released: RM0.004 loss per share (vs RM0.006 loss in 1Q 2021)

Insufficient new directors

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: RM0.005 loss per share (vs RM0.006 loss in 3Q 2020)

Second quarter 2021 earnings released: RM0.007 loss per share (vs RM0.008 loss in 2Q 2020)

Full year 2020 earnings released: RM0.017 loss per share (vs RM0.023 profit in FY 2019)

New 90-day low: RM0.51

New 90-day low: RM0.56

Dato Lee Foo San, Group Executive Chairman and Chief Executive Officer of Watta Holding Berhad, cancelled the acquisition of additional 53.9% stake in Watta Holding Berhad (KLSE:WATTA) in a management buyout transaction on September 17, 2020.

New 90-day high - RM0.90

New 90-day high - RM0.71

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age